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Beware of CitiFx, not a trustworthy broker

WikiFX | 2023-04-10 19:32

Abstract:On April 5, 2023 A user of Maharashtra, India Complaint against a broker named CitiFx regarding Withdrawal issue.

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On April 5, 2023 A user of Maharastra, India Complaint against a broker named CItIfx regarding Withdrawal issue.The victim stated in her complaint that he had started investing in this broker on February 14, 2023. He invested 4,000 dollars in Citifx. The victim said initially, broker withdrew his money but now they are not paying attention to it. As a Victim, “When I did not invest in the broker. They used to call me once a day.But after Investing they have even stopped responding. ”

Victim told I tried to contact with citifx's customer support but they are not responding. Their executives are not receiving calls. Also they are not replying to email. victim shared some screenshots with us. We are sharing with you.Have a look on them and be safe.

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When wikifx checked out that broker. We found its an unregulated broker. It is not regulated by FCA, CySEC, ASIC. Also We found customers are not satisfied with broker. Other than this wikifx gives this broker lowest score. According to its website ,broker posses five years of experience in Forex market, but in the given screenshot you can clearly see it has only one year of experience. It signals Red Flag. Broker claimed to be a UK-based broker regulated by reputable financial regulatory body( FCA). When we searched this broker on FCA' s register. Nothing came up, with this name.

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About Citifx

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Citifx is a forex broker. According to its website ,broker posses five years of experience in Forex market. It provides different trading instruments like Fore, Commodities, Indices, shares to traders. Citifx provides three different kind of account types as ECN,ELITE and PRO to customers. It provides 1:500 leverage .

On its website , Citi Fx stated that it is authorised by the Financial Conduct Authority to provide payment services (FCA No. 488396) (Registered in England & Wales No.08922461). This broker provides email info@CitiFx.Uk to contact.

Its address is. CITIFX PVT. LTD. Sector 6, Commercial Complex D4, 4th Floor, Rectangle No.1, Behind Marriot Hotel, Saket, New Delhi, Delhi 110017 (INDIA)

Another address is available on broker‘s website is CITI FOREX. 701-710, 7th Floor, Vintners’ Place, 68 Upper Thames St, London, EC4V 3BJ (United Kingdom)

Install the WikiFX App on your smartphones to keep an eye on current events related to forex market across the world. Here is the Link to the download: https://www.wikifx.com/en/download.html

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Related broker

No Regulation
Citi Fx
Company name:CITI FOREX
Score
1.41
Website:https://www.citifx.uk/
2-5 years | Suspicious Regulatory License | Suspicious biz area | High potential risk
Score
1.41

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